Trading Forex

Discussion in 'Journals' started by padutrader, Jun 2, 2019.

  1. padutrader

    padutrader

    some more important data in 50 min
     
    #171     Jun 5, 2019
  2. destriero

    destriero

    You’re down 10% in a few hours. Time to take a break.
     
    #172     Jun 5, 2019
  3. padutrader

    padutrader

    i am not a great trade manager like you....i have to trade to get it it right

    yesterday i was up 35% in an 2 hrs..these swings are normal for me.

    the market is in an hurry not completing work at any level so maybe you are right.
    will only take sitting ducks
    i am getting used to this method
     
    Last edited: Jun 5, 2019
    #173     Jun 5, 2019
  4. padutrader

    padutrader

    i am not trusting my method because just traded it this week.

    and i have blown many accounts in 10 hours so 10% is not bad
     
    #174     Jun 5, 2019
    CALLumbus likes this.
  5. padutrader

    padutrader

    sold eurusd nb.png
     
    #175     Jun 5, 2019
  6. destriero

    destriero

    Stopped. Stop.
     
    #176     Jun 5, 2019
    padutrader likes this.
  7. padutrader

    padutrader

    #177     Jun 5, 2019
  8. padutrader

    padutrader

    making the same mistake whole day today

    i am deciding where the market is going.... rightly... but not waiting for the market to show that ...so i am getting in early and getting stopped out
     
    #178     Jun 5, 2019
  9. padutrader

    padutrader

    i understand where you are coming from..so thank you.

    but this form of trading must be totally alien to you ...but i have understood the mistake i am making:
    which is predicting the market direction correctly but not waiting for market confirmation and the times i am wrong i get killed

    i have fear of missing the bus....the solution is obvious once the problem is identified so thanks you are making me think
     
    Last edited: Jun 5, 2019
    #179     Jun 5, 2019
  10. padutrader

    padutrader

    what stupid trade entry management...lady luck saved me.

    i keep forgetting market has to fool traders to take wrong trades
     
    #180     Jun 5, 2019
    Onra likes this.